Loading…

Our Blog

Find the latest updates of Link3 in our blog.

Mark Zuckerberg Gets The Votes For Leadership

Being the chairman of Facebook was not in the favor of Mark Zuckerberg for a while now. To make him step down from the position, other stakeholders made a decision to vote.
On Thursday, during the annual meeting, stakeholders had the change to vote for Zuckerberg on his leadership quality.
He plays the role of both CEO and chairman of Facebook’s board of directors.
He himself posses 60% power of voting. If he had voted against his own self then he would have lost.
Some of the investors have decided to take him down from the position of chairman so that he can see the broaden picture to run the company.
Jonas Kron, senior vice-president at Trillium, an Asset Management company that owns $ 7 m worth of Facebook’s shares, said, “If he can focus on being the CEO, and let somebody else focus on being independent board chair, that would be a much better situation.”
He asked Mr. Zuckerberg to take some insights from Larry Page, co-founder of Google and Bill Gates, Founder of Microsoft Corporation. They are not the company founders not the chairman of the board.
One of the shareholders asked Zuckerberg about the reason behind not appointing any independent chairman for the firm that Zuckerberg refused to answer, at the annual general meeting.
He recited his opinion that moderators should impose the rules around privacy as well as items for Facebook to get along.
Alex Stamos, former security chief of Facebook has also asked Zuckerberg to step down from his position.
In May at the Collision Conference in Canada Mr. Stamos said, “There’s a legitimate argument that he has too much power.”
Mr. Zuckerberg had also previously fought for his position. In April he said, “When you’re building something like Facebook, which is unprecedented in the world, there are things that you’re going to mess up. What I think people should hold us accountable for is if we are learning from our mistakes.”

YOU MIGHT ALSO LIKE

  • It’s been a short while since Samsung Electronics is undergoing ...

  • A self-driving car owned by Apple was involved in an ...

  • A new app called tbh, meaning “to be honest”, had ...

  • EU’s proposed rules that can make memes, remixes and any ...

Archives

  • Very soon people will be able to play World of ...

  • In the reign of Trump the administration have come up ...

  • How many of you are downloaders? Let me take a ...

  • It is inevitable that you have thought about learning to ...

  • The New West Summit at the Hyatt Hotel in San ...

  • The attack lasted for 34 months. For ransom they were ...

  • A new app called tbh, meaning “to be honest”, had ...

  • Apparently, the owners of one of the popular websites named, ...

  • For all iPhone users, I recommend that you update to ...

  • The rule for dealing with cyberbullies is to ...